Press release
Managed Security Services (MSS) Market To Deliver Prominent Growth & Striking Opportunities During 2031 |AT&T, Broadcom, BT Group, Check Point Software, Cisco System Inc..
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Managed security services (MSS) are a type of security service that helps organizations manage and monitor their security systems and infrastructure. The services are typically provided by a third-party security service provider and can include things like security monitoring, incident response, and vulnerability management.
Organizations that use MSS can outsource all or part of their security operations to the service provider, which can help them save time and money. MSS can also help organizations improve their security posture by providing access to skilled security personnel and advanced security technologies.
Key Players
AT&T
Broadcom
BT Group
Check Point Software
Cisco System Inc.
DXC Technology
Fortinet Inc.
Hewlett Packard Enterprise
IBM Corporation
SecureWorks Inc.
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Key Trends and Drivers
In the managed security services (MSS) market, the service providers are constantly innovating and introducing new services and technologies to address the changing security needs of their clients. Some of the key trends in this market are:
The increasing adoption of cloud-based MSS: With the increasing adoption of cloud computing, more and more MSS providers are offering their services via the cloud. This enables organizations to benefit from the scalability, flexibility and cost-effectiveness of the cloud.
The growing popularity of managed detection and response (MDR) services: MDR services are becoming increasingly popular as they provide a more comprehensive and proactive approach to security. MSS providers are investing in MDR services to meet the growing demand from their clients.
The increasing focus on artificial intelligence (AI) and machine learning: AI and machine learning are being used by MSS providers to improve the accuracy of threat detection and response. These technologies are also being used to automate various tasks, such as security monitoring and incident response.
Market Segments
By Deployment Mode
On-Premise
Cloud
By Enterprise Size
Large Enterprises
Small & Medium-sized Enterprises
By Application
Managed IPS and IDS
Distributed Denial of Services (DDoS)
Unified Threat Management (UTM)
Secured Information & Event Management (SIEM)
Firewall Management
Endpoint Security
Others
By Vertical
BFSI
Healthcare
Manufacturing
Retail
Telecom & IT
Others
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Managed Security Services (MSS) Market Size Share Trends 2024-2031
Market Trends
Analysis reveals a 14.50% CAGR growth, with key players like NTT and AT&T witnessing intensified competition. Asia Pacific leads in demand.
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Dive into detailed segmentation covering security types, services, deployment modes, organization sizes, end-users, and regions.
Download Sample:
https://www.datamintelligence.com/download-sample/managed-security-services-market
Geographical Analysis
North America commands the largest market share, citing early MSS adoption and multiple vendors. COVID-19 impact sees increased reliance on MSS for remote work security.
Competitive Landscape
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